After a year on the market with nary a trace of buyer interest, Detroit’s largest private residence will go up for auction on Monday. The Detroit Free Press reported the Bishop Mansion, a 31,192-square-foot residence built in the 1920s, was listed for sale at $9...
Fixle Inc., a Union, Kentucky-based provider of home management solutions in the proptech and insurtech sectors, has announced the acquisition of EasyHome Inc., a Portland-headquartered developer of property care and management software solutions. The terms of the...
The Archdiocese of New York has agreed to sell a vacant lot that it owns in the East Village section of Manhattan to be used as an affordable multifamily housing complex. According to the Commercial Observer, the archdiocese will receive between $58 million and $68...
The sudden and unexpected closure of a major Philadelphia art school could create a major upheaval in the city’s commercial real estate market with properties coming up for sale at once. According to a Philadelphia Inquirer report, the University of the Arts will shut...
Annual home price appreciation during April was 5.3%, unchanged from March, according to new data from CoreLogic. On a month-over-month basis, home prices increased by 1.1%. All of the states recorded year-over-year home price appreciation, led by New Hampshire (up by...
Commercial mortgage delinquencies were on the rise during the first quarter, according to data from the Mortgage Bankers Association (MBA). MBA’s quarterly analysis details the commercial delinquency rates for five of the largest investor groups that hold more than...
Builder Confidence Remains Weak Amid Affordability Concerns
